Question

Bus and subway ridership in Washington, D.C. dur- ing the summer months is believed to be heavily tied to the number of tourists visiting the city During the past 12 years, the following data have been obtained NUMBER OF TOURISTS RIDERSHIP YEAR (1000,000s 100000s 15 10 13 15 25 4 4 15 16 12 24 20 27 10 20 34 17 15 (a) Plot these data and determine whether a linear model is reasonable (b) Develop a regression model. (c) What is expected ridership if 10 lion tourists visit the city?

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Answer #1

a)

ridership 50 45 40 35 30 25 20 15 10 0 0 10 15 20 25

b

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.916665699
R Square 0.840276003
Adjusted R Square 0.824303603
Standard Error 4.073572418
Observations 12
ANOVA
df SS MS F Significance F
Regression 1 872.9767442 872.9767442 52.608 2.74837E-05
Residual 10 165.9399225 16.59399225
Total 11 1038.916667
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 5.060077519 2.686944916 1.883208505 0.089052275 -0.926808842
tourist 1.593023256 0.219632305 7.253137252 2.74837E-05 1.103651983

)

y^ = 5.060077 + 1.59302325 * x

c)

x = 10

y^ = 5.060077 + 1.59302325 * 10

= 20.9903095

d)

when x = 0

5.060077 + 1.59302325 * 0

= 5.060077

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